2016 Fourth Quarter Dividend
Contact: Nelson L. Person
President & CEO
Tel. (724) 478-6101
FOR IMMEDIATE RELEASE
Apollo, PA—December 21, 2016: Apollo Bancorp, Inc., (OTC Pink: APLO) the parent company of Apollo Trust Company, declared a cash dividend increase of 2.1% on its common stock. The increase will result in a quarterly cash dividend of $0.49 per share to shareholders of record on December 20, 2016 and payable on December 23, 2016.
President & CEO Nelson L. Person commented, “We continue to reward our loyal shareholders with another dividend increase this year. This is the seventh consecutive year the dividend was increased.”
Apollo Bancorp, Inc. common stock is traded Over-the-Counter on OTC Pink under the symbol APLO. Recent trades and current bid-ask prices may be viewed at www.otcmarkets.com
Apollo Trust Company operates five banking locations in the Alle-Kiski Valley: Apollo, Allegheny Township, North Apollo, North Washington and Spring Church and an Allegheny County Loan Office, which is located in O’Hara Township. It also provides fiduciary services and wealth management.
More information is available at the company’s website: www.apollotrust.com